The Credit law of South Africa (E-Book)
The Credit law of South Africa (E-Book)
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The Credit law of South Africa (E-Book)
P. Jordaan
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The Credit law of South Africa (E-Book)
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Description
In March 2006, President Thabo Mbeki signed the National Credit Act, thus giving birth to a brand-new era of legalisation, and control to one of the oldest forms of business in the world -- granting credit. In South Africa, some credit grantors abused their power to the detriment of consumers. Credit grantors allowed misinformed consumers to overspend, so long as there were sufficient security and assets that could be attached ultimately to pay for the debt. Consumers buying on credit had no recourse. If they did not pay, they were blacklisted, causing other credit grantors to take action for the recovery of their debt.
Product Information
ISBN13 (SKU)
9780627028465
Title
The Credit law of South Africa
Author
P. Jordaan
Publisher
Van Schaik Publishers
Publication Date
2007
Country of Publication
South Africa
Format Type
E-Book - Vitalsource
Number of Pages
148
